{"id":636868,"date":"2017-11-02T03:50:53","date_gmt":"2017-11-02T03:50:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/"},"modified":"2017-11-02T03:50:53","modified_gmt":"2017-11-02T03:50:53","slug":"egyptian-eurobond-yields-continue-to-drop","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/","title":{"rendered":"Egyptian eurobond yields continue to drop"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egyptian eurobond yields continued to decline on overweight investor demand<\/strong>, according to the most recent <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/11\/BNP-Paribas-Africa-Weekly-30.10.2017.pdf\">Africa DCM Market Update by BNP Paribas<\/a> (pdf). Our friends at the bank tell us they are seeing strong buying activity from US and UK real-money funds in the secondary market. Yields on Egyptian eurobonds declined to their lowest level since issuance with five-year bonds trading at 4.98%,10-year at 5.99%, and 30-year ones at 7.43%. Also, the USD cost of funding declined by 125-150 bps in 2017 y-t-d driven by improved credit perception and favourable Emerging Markets sentiment, the report notes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egyptian eurobond yields continued to decline on overweight investor demand, according to the most recent Africa DCM Market Update by BNP Paribas (pdf). Our friends at the bank tell us they are seeing strong buying activity from US and UK real-money funds in the secondary market. Yields on Egyptian eurobonds declined to their lowest level [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-636868","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e588b384-a589-483d-a247-3110fa2e1016","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[636862],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egyptian eurobond yields continue to drop - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian eurobond yields continue to drop\" \/>\n<meta property=\"og:description\" content=\"Egyptian eurobond yields continued to decline on overweight investor demand, according to the most recent Africa DCM Market Update by BNP Paribas (pdf). Our friends at the bank tell us they are seeing strong buying activity from US and UK real-money funds in the secondary market. Yields on Egyptian eurobonds declined to their lowest level [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-02T03:50:53+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian eurobond yields continue to drop\",\"datePublished\":\"2017-11-02T03:50:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\"},\"wordCount\":99,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\",\"name\":\"Egyptian eurobond yields continue to drop - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-11-02T03:50:53+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egyptian eurobond yields continue to drop\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egyptian eurobond yields continue to drop - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/","og_locale":"en_US","og_type":"article","og_title":"Egyptian eurobond yields continue to drop","og_description":"Egyptian eurobond yields continued to decline on overweight investor demand, according to the most recent Africa DCM Market Update by BNP Paribas (pdf). Our friends at the bank tell us they are seeing strong buying activity from US and UK real-money funds in the secondary market. Yields on Egyptian eurobonds declined to their lowest level [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-11-02T03:50:53+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egyptian eurobond yields continue to drop","datePublished":"2017-11-02T03:50:53+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/"},"wordCount":99,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/","name":"Egyptian eurobond yields continue to drop - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-11-02T03:50:53+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egyptian eurobond yields continue to drop"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":642889,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/credit-suisse-sees-scope-for-egypts-economic-recovery-to-steadily-accelerate-bnp-paribas-notes-eurobond-yields-at-lowest-level-since-jan-17-issuance\/","url_meta":{"origin":636868,"position":0},"title":"Credit Suisse sees scope for Egypt\u2019s economic recovery to steadily accelerate, BNP Paribas notes eurobond yields at lowest level since Jan \u201817 issuance","author":"enterpriseam admin","date":"24 August 2017","format":false,"excerpt":"Credit Suisse sees scope for Egypt\u2019s economic recovery to \u201csteadily accelerate\u201d and is \u201coptimistic on the outlook for fiscal consolidation,\u201d according to a recent report (pdf). The investment bank maintains its positive outlook on fixed income, particularly short-dated T-bills, and see scope for further steady appreciation in the EGP on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622646,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/09\/egypt-sells-t-bonds-as-maait-kicks-off-eurobond-roadshow-in-south-korea\/","url_meta":{"origin":636868,"position":1},"title":"Egypt sells T-bonds as Maait kicks off eurobond roadshow in South Korea","author":"enterpriseam admin","date":"9 October 2018","format":false,"excerpt":"** #3 Egypt sells t-bonds despite rise in yields: Egypt sold EGP 1.25 bn worth of five- and 10-year treasury bonds at auction yesterday despite a continued rise in yields, which averaged 18.41% on shorter-term offerings and 18.37% for the longer term, central bank data showed. Egypt had sold EGP\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/10\/2549.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":644751,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/eurobond-issuance-in-september\/","url_meta":{"origin":636868,"position":2},"title":"Eurobond issuance in September","author":"enterpriseam admin","date":"3 July 2017","format":false,"excerpt":"Another Eurobond issuance coming in September? It appears that the Finance Ministry is considering another EUR-denominated bond issuance in September, government sources reportedly told Al Borsa. The issuance will be to the tune of EUR 1-1.5 bn, a less ambitious target than previous eurobond sales in order to \u201cget a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593048,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/17\/egypt-successfully-closes-usd-2-bn-triple-tranche-eurobond-issuance\/","url_meta":{"origin":636868,"position":3},"title":"Egypt successfully closes USD 2 bn triple-tranche eurobond issuance","author":"enterpriseam admin","date":"17 November 2019","format":false,"excerpt":"Egypt successfully closes USD 2 bn triple-tranche eurobond issuance in first int\u2019l debt auction for FY2019-2020: Egypt sold USD 2 bn-worth of four-, 12-, and 40-year USD-denominated eurobonds in an issuance that went to market on the Luxembourg Stock Exchange on Thursday, the Finance Ministry said. The offering was more\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/738.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594869,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/10\/egypt-to-issue-up-to-usd-7-bn-in-intl-bonds-in-fy2019-2020-maait\/","url_meta":{"origin":636868,"position":4},"title":"Egypt to issue up to USD 7 bn in int\u2019l bonds in FY2019-2020 -Maait","author":"enterpriseam admin","date":"10 September 2019","format":false,"excerpt":"The Finance Ministry plans to issue USD 3-7 bn in international bonds during FY2019-2020, Finance Minister Mohamed Maait said on the sidelines of the Euromoney conference yesterday, according to Reuters. \u201cWe would love to go for yuan and yen,\u201d he said, adding that the offerings could also include sukuk and\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/9\/2115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648008,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/egypt-sees-new-success-in-second-round-of-eurobond-issuance\/","url_meta":{"origin":636868,"position":5},"title":"Egypt sees new success in second round of eurobond issuance","author":"enterpriseam admin","date":"25 May 2017","format":false,"excerpt":"Even more success with eurobond issuance round 2: Egypt raised USD 3 bn in a triple tranche eurobond sale on Wednesday, about twice as much as targeted and at lower cost than when the same bonds were first sold in January, Reuters reports. The government sold USD 750 mn worth\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1090.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636868","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=636868"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/636868\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/636862"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=636868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=636868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=636868"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=636868"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=636868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}